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Table 17.I.G

Port of New York/New Jersey
Total Economic Impact to the Region

February 2014 Report

 
     
  Use Direct
Jobs
Total
Jobs
(In millions of 2013 dollars)  
  Personal Income Business Activity State &
Local
Taxes
Federal Taxes
Revenue
Total
Taxes
Revenues
 
  Bulk Cargo
3,362
11,891
$873.1 $3,227.4 $137.0 $215.5 $352.5  
  Breakbulk Cargo
186
510
$37.3 $126.1 $5.5 $8.7 $14.2  
  Roll On/Off Cargo
1,389
3,784
$260.9 $883.3 $37.5 $62.5 $100.0  
  Containerized Cargo
22,621
52,369
$3,521.9 $10,872.1 $454.5 $796.4 $1,250.9  
  Cruise Operations
3,752
5,351
$292.5 $718.5 $54.0 $59.8 $113.8  
  Warehousing
109,657
171,969
$9,213.3 $2,866.3 $865.6 $2,042.1 $2,907.7  
  Freight Forwarding
10,000
16,860
$1,097.2 $2,133.5 $122.2 $211.7 $333.9  
  Headquarters & Other Maritime
Functions
6,400
16,280
$1,385.3 $4,128.1 $190.6 $310.2 $500.8  
  Government
2,565
4,854
$388.7 $912.3 $32.3 $82.7 $115.0  
  Insurance
2,945
6,648
$652.0 $1,576.5 $86.6 $145.0 $231.6  
  Banking
2,475
5,548
$604.7 $1,448.3 $68.6 $132.6 $201.2  
  Total
Economic Impact
165,353
296,064
$18,326.9 $28,892.4 $2,054.4 $4,067.2 $6,121.6  
     
  Notes:
Data is based on economic impact generated in 2012. Total impacts include direct, indirect and induced effected.
 
     
     
 

Return to International Trade Section

 
     
     
 

Source:
New York Shipping Association- Economic Impact Study

 

 

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